Re: More on Argentina

["Charles Jannuzi" <jannuzi@xxxxxxxxxxxxxxxxxxxxxxxxx>]

Next, consider the policies that were worked out as a solution. Actually,
the list reads like the Koizumi concept of restructuring and reform for the
Japanese economy, except the provincial banks would be the postal savings
and JA credit cooperatives.

http://multinationalmonitor.org/mm2001/01september/sep01toc.html

Downsizing, Privatization, Labor Flexibility, Wage Cuts:  Selected Summaries
of IMF/World Bank Country Policies

Argentina
·World Bank sector support for a massive and ambitiousprivatization program
of local water systems
·Nearly half of provincial government-owned enterprises have been
privatized, including a majority of provincial banks
·In 1994 the pay-as-you-go pension system was replaced by a mixed
public/private pensions system
·In 1999 new laws were passed to enhance labor flexibility
·for small and medium sized enterprises, lengthen the probation period for
new workers, employer contributions to social security have been reduced